Good Distribution Practices transport: what changed
Good Distribution Practices transport
Largest movements
- Receivables within one year -€68,112
down €68,112 (-48.4%), from €140,756 to €72,644
of which Other amounts receivable: -€62,736
- Cash +€49,387
up €49,387 (+394%), from €12,528 to €61,915
mainly Receivables within one year (+€68,112) and Other debts (+€42,981)
- Tangible fixed assets -€26,236
down €26,236 (-34.9%), from €75,118 to €48,882
of which Furniture and vehicles: -€20,792
- Deferred charges and accrued income +€5,302
up €5,302 (+1,010%), from €525 to €5,827
- Reserves -€82,506
down €82,506 (-47.6%), from €173,494 to €90,987
- Other debts +€42,981
up €42,981 (+67,890%), from €63 to €43,044
- Accrued charges and deferred income +€12,000
up €12,000 (+60.0%), from €20,000 to €32,000
- Short-term financial debts -€6,789
no longer reported in 2025 (was €6,789)
- Current portion of long-term debt -€5,584
no longer reported in 2025 (was €5,584)
- Gross operating margin +€14,364
up €14,364 (+19.1%), from €75,175 to €89,538
- Taxes +€4,077
up €4,077 (+33.7%), from €12,086 to €16,164
- Financial income +€2,205
up €2,205 (+311%), from €710 to €2,915
- Write-downs +€1,800
new in 2025: €1,800
- Depreciation +€1,406
up €1,406 (+5.7%), from €24,830 to €26,236
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,927 | €189,268 | -€39,658 | -17.3% |
| Fixed assets | 21/28 | €75,118 | €48,882 | -€26,236 | -34.9% |
| Tangible fixed assets | 22/27 | €75,118 | €48,882 | -€26,236 | -34.9% |
| Plant, machinery and equipment | 23 | €13,554 | €8,110 | -€5,444 | -40.2% |
| Furniture and vehicles | 24 | €61,564 | €40,772 | -€20,792 | -33.8% |
| Current assets | 29/58 | €153,809 | €140,386 | -€13,423 | -8.7% |
| Amounts receivable within one year | 40/41 | €140,756 | €72,644 | -€68,112 | -48.4% |
| Trade receivables | 40 | €10,159 | €4,783 | -€5,376 | -52.9% |
| Other amounts receivable | 41 | €130,596 | €67,861 | -€62,736 | -48.0% |
| Cash at bank and in hand | 54/58 | €12,528 | €61,915 | +€49,387 | +394% |
| Deferred charges and accrued income | 490/1 | €525 | €5,827 | +€5,302 | +1,010% |
| Total equity and liabilities | 10/49 | €228,927 | €189,268 | -€39,658 | -17.3% |
| Equity | 10/15 | €192,494 | €109,987 | -€82,506 | -42.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €173,494 | €90,987 | -€82,506 | -47.6% |
| Distributable reserves | 133 | €173,494 | €90,987 | -€82,506 | -47.6% |
| Amounts payable | 17/49 | €36,433 | €79,281 | +€42,848 | +118% |
| Amounts payable within one year | 42/48 | €16,433 | €47,281 | +€30,848 | +188% |
| Current portion of amounts payable after more than one year | 42 | €5,584 | - | -€5,584 | |
| Financial debts | 43 | €6,789 | - | -€6,789 | |
| Credit institutions | 430/8 | €6,789 | - | -€6,789 | |
| Trade debts | 44 | - | €701 | +€701 | |
| Suppliers | 440/4 | - | €701 | +€701 | |
| Taxes, remuneration and social security | 45 | €3,996 | €3,536 | -€461 | -11.5% |
| Taxes | 450/3 | €2,993 | €3,536 | +€542 | +18.1% |
| Remuneration and social security | 454/9 | €1,003 | - | -€1,003 | |
| Other amounts payable | 47/48 | €63 | €43,044 | +€42,981 | +67,890% |
| Accrued charges and deferred income | 492/3 | €20,000 | €32,000 | +€12,000 | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,830 | €26,236 | +€1,406 | +5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,800 | +€1,800 | |
| Other operating charges | 640/8 | €4,480 | €4,654 | +€174 | +3.9% |
| Gross operating margin | 9900 | €75,175 | €89,538 | +€14,364 | +19.1% |
| Operating profit (loss) | 9901 | €45,865 | €56,849 | +€10,984 | +23.9% |
| Financial income | 75/76B | €710 | €2,915 | +€2,205 | +311% |
| Recurring financial income | 75 | €710 | €2,915 | +€2,205 | +311% |
| Financial charges | 65/66B | €1,068 | €623 | -€446 | -41.7% |
| Recurring financial charges | 65 | €1,068 | €623 | -€446 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €45,507 | €59,142 | +€13,635 | +30.0% |
| Income taxes | 67/77 | €12,086 | €16,164 | +€4,077 | +33.7% |
| Profit (loss) for the period | 9904 | €33,420 | €42,978 | +€9,557 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,420 | €42,978 | +€9,557 | +28.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.